SENATE COMMITTEE CONVENES IN ADELAIDE ON THE FUTURE OF THE AUTOMOTIVE INDUSTRY

Posted by Kim Carr5sc on October 01, 2015

The Senate Economics References Committee will hold a public hearing in Adelaide today to discuss the future of Australia’s automotive industry.

The committee’s hearing will commence at 1:00pm at the Adelaide Town Hall (David Spence Room) and hear evidence from:

ARRB Group

Volvo Cars Australia

South Australian Department of Planning, Transport and Infrastructure

Robert Bosch Australia

Business SA

Applidyne

Precision Components

Supashock

KPM Motorsport

Today’s hearing follows the release of the Committee’s interim report in August 2015. The interim report made a number of recommendations, including changing the Automotive Transformation Scheme (ATS) rules and regulations to encourage new investment and support automotive component manufacturers to transform and diversify their operations.

The Committee’s interim report also urges government to work with all stakeholders to develop policies to sustain an internationally competitive Australian automotive industry, beyond the announced shutdowns of the motor vehicle producers in 2016 and 2017.

The public hearing today is another positive step in developing long-term, sustainable government policy settings that will help determine the future of Australia’s automotive industry beyond 2017.

Australia will have an auto industry beyond 2017. Government policy will determine its size and its scope.